RE: ►Why Bitcoin. Refresh your mind. Open your mind. Or simply help a broke student! ☺

You are viewing a single comment's thread from:

►Why Bitcoin. Refresh your mind. Open your mind. Or simply help a broke student! ☺

in bitcoin •  8 years ago 

Indeed it is, but it's a pussy leverage ( x2). On plus500 its' up to x20. I prefer x10 though.
The major disadvantage of plus500 is that your value is stored in fiat. I will check bitmex soon.

bitcoin
8 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    2
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!
    Sort Order:  
  • Trending
    • [-]
      ·  8 years ago 

    I'm not so sure you would even want to trade something as volatile as cryptocurrency with a leverage of 10x or even 20x.

    Bitfinex currently offers me leverage of 3.3x, which I find sufficient, especially for lower-value currencies like Litecoin.

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00
      [-]
        ·  8 years ago 

      For Litecoin yeah, since Litecoin has not that much use-case yet. In my eyes Bitcoin is till volatile yes, you are right with that. But after a correction like that its more likely to go up again then down.

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      $0.00